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Allushta [10]
3 years ago
11

A small business owner has decided to form a ______________ after deciding that she wants to maximize revenue, minimize taxes, g

ive back to the community, and exercise total control over her business.
Business
1 answer:
allochka39001 [22]3 years ago
3 0

Answer:

Sole proprietorship

Explanation:

If you want to minimize taxes and avoid double or even triple taxation, your options are a sole proprietorship, a partnership (general or limited liability) or a limited liability company. The IRS considers them pass through entities, so they are not taxed directly, you are.

But if you want to exercise total control over your business, the options narrow down to only a sole proprietorship because all the others involve other people being co-owners of the business.  

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Park & Company was recently formed with a $6,200 investment in the company by stockholders in exchange for common stock. The
KengaRu [80]

Answer:

a) $14,600.

Explanation:

The computation of the company total assets are shown below:

= Cash balance + supplies balance + equipment balance

where,

Cash balance =  investment amount + borrowed amount - paid amount for equipment

= $6,200 + $3,200 - $2,120

= $7,280

And, the other item values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $7,280 + $1,120 + $6,200

= $14,600

4 0
3 years ago
Confirmations that are sent to select customers asking them to review the current balance due the client as shown on the client'
nata0808 [166]

Answer:

The correct answer is letter "C": Positive confirmations.

Explanation:

Positive confirmations are audit procedures by which ambiguous information is clarified. It also implies the confirmation of the accuracy of the data provided in the company's books and Financial Statements. By doing so, liabilities, bank accounts, accounts receivables and payables amounts are verified.

4 0
3 years ago
Discuss the unique marketing characteristics a product or service required based on the specific phase of the product life cycle
laiz [17]

Answer: The product life cycle of a unique marketing can be characterized by introduction, growth, maturity and decline.

Explanation:

The product life cycle of a unique marketing can be characterized by introduction, growth, maturity and decline.

Introduction; This is viewed as an entry level into the market. Where the goods begin to gain a little recognition

Growth; this is described as a movement from introduction to a fast or slow consistent rapid growth of the product in the market.

Maturity; is described as the growth from the growth category, where the product gain some market stability and is now known by the public.

Decline; is the stage of slow and loss of recognition in the market space which could be caused by lack of creativity or consistency drop

While some products may stay in a prolonged maturity state, all products eventually phase out of the market due to several factors including saturation, increased competition, decreased demand and dropping sales

5 0
2 years ago
Sparks Corporation has a cash balance of $19,500 on April 1. The company must maintain a minimum cash balance of $16,000. During
Ganezh [65]

Answer:

Cash borrow  = 10500

so correct option is a. $10,500

Explanation:

given data

Ending cash balance = $16,000

Beginning cash balance = $19,500

expected cash receipts = $68,000

Cash disbursements = $82,000

solution

we know that Ending cash balance is express as

Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrow   .............................1

we get here Cash borrow put here value

$16,000 = $19,500  + $68,000 - $82,000 + Cash borrow

solve it we get

Cash borrow  = 10500

so correct option is a. $10,500

4 0
2 years ago
How do trade agreements of international organizations affect trade? by incentivizing the development of trade policies by elimi
kupik [55]

Any contractual arrangement between governments addressing their trading interactions is referred to as a trade agreement. Trade treaties can be bilateral or multilateral, that is, among two or more states.

<h3>Why are trade agreements important?</h3>

Countries engage in international trade because there are financial benefits to be had. These benefits include expanded product diversity, cheaper pricing, superior quality, enhanced technological spread, and increased consumption by the country as a whole. Increased trade openness has been associated with higher GDP growth.

Thus Option C is correct about the trade agreement.

For more information about the Trade agreement refer to the link:

brainly.com/question/1550074

7 0
2 years ago
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